What the inflation rate increase to 8.5 percent means to senior living
By
Kathleen Steele Gaivin
Apr 14, 2022
The inflation rate is higher than it’s been in almost 40 years, and the consumer price index increased 1.2% in March on a seasonally adjusted basis after rising 0.8% in February, the Bureau of Labor...
Interest rates increase could have ‘silver lining’ for senior living, expert says
By
Kathleen Steele Gaivin
Jun 16, 2022
The Federal Reserve’s move Wednesday to raise interest rates by 0.75% could slow new construction in senior housing, National Investment Center for Seniors Housing & Care Chief Economist Beth Burnham...
Town’s only nursing facility converting to ALF, as national study finds ‘dangerously low’ occupancy...
By
Amy Novotney
Dec 03, 2020
Amid deteriorating finances that don’t allow for much-needed building infrastructure updates, the only skilled nursing facility in the town of Norton, MA, will be closing by early next year and will...
Senior living wages competitive against other healthcare sectors: NIC
By
Kimberly Bonvissuto
Jul 26, 2022
The senior living industry employed more personal care aides than skilled nursing in 2021 and paid competitive wages that came close to the national hourly average, according to a new analysis of jobs...
Senior living’s biggest challenge officially has been revealed
By
John O'Connor
Apr 25, 2019
A landmark study released this week paints a sobering portrait of senior living affordability for many older Americans. It also should send this strong message to many operators: Change or else.
Omicron, costs, funding loss stalling long-term care recovery, experts say
By
Kathleen Steele Gaivin
May 12, 2022
Many factors are at work to slow long-term care recovery according to panelists at Wednesday’s Leadership Huddle of the National Investment Center for Seniors Housing & Care.
Senior living operators express optimism in increasing development pipelines
By
Kimberly Bonvissuto
Nov 19, 2021
Improving lead volumes in senior living and a recent increase in construction lending reflect expectations that development pipelines will increase soon, according to the latest NIC Executive Survey Insights...
Data change narrative, with residents expressing gratitude to be part of senior living
By
Kimberly Bonvissuto
Aug 06, 2021
Three industry experts are fighting stereotypes of the senior living experience by using the voices of residents and family members to dispel myths.
Senior living operators ‘incredibly agile and dedicated’ during COVID-19 pandemic: study
By
Kimberly Bonvissuto
Oct 29, 2021
Senior living and care providers have been “incredibly agile and dedicated” during the pandemic, working 24 / 7 to keep residents safe, researchers concluded after interviews with operators about their...
Integrated social–medical model presents opportunities for assisted living operators: panelists
By
Kimberly Bonvissuto
Jul 15, 2021
Assisted living’s move from a social model to a medical model — or at least a hybrid model — presents marketing and other opportunities for providers, speakers said Wednesday during a leadership...